The biggest power the Federal Reserve had to intervene freely with Section 13.
Barney Frank: “The biggest power the Federal Reserve had to intervene freely with Section 13.”
Editor's note · Context
Frank emphasizes the Federal Reserve's significant intervention powers under Section 13.
Share
More from Barney Frank
For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
One thing that not only Barney Frank, Ms. Barnes and also Sandra Day O'Connor, Justice O'Connor agreed on is that that Kelo decision stripped those three words out of the Fifth Amendment, 'for public use.'





